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In a stunning leadership shakeup, Kohl’s Corporation announces the immediate termination of CEO Ashley Buchanan following an internal investigation that uncovered serious ethical misconduct involving vendor transactions and undisclosed conflicts of interest. Buchanan, who assumed the chief executive role on January 15, 2025, is ousted just four months into his tenure, sending shockwaves through the struggling retail chain already grappling with declining sales and a shaky brand identity.
According to a statement released by Kohl’s board of directors, an outside legal counsel was brought in to. . .
